North America Advanced Medical Stopcock Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Type (Low-Pressure Stopcock, Medium-Pressure Stopcock, and High-Pressure Stopcock) and End User (Hospitals & Clinics, Ambulatory Surgical Centers, and Homecare)
The North America advanced medical stopcock market is expected to grow from US$ 350.22 million in 2022 to US$ 464.43 million by 2028; it is estimated to register a CAGR of 4.8% from 2022 to 2028.
Surge in Number of Surgical Procedures Drives North America Advanced Medical Stopcock Market Growth
Medical stopcocks are used with infusion pumps to administer medications through the catheter to a specific body part during or after surgical procedures. Infusion therapy is used when other methods are less effective or when the patient needs medication for a long term. Stopcocks are used after surgeries to provide medicines in fluid forms when the patient is under observation. Stopcock use will increase in the coming decade, as ~29% of all births are expected to occur by cesarean section by 2030.
Furthermore, as per American Heart Association, Heart Disease & Stroke Statistical Update Fact Sheet 2022 (Global Burden of Disease), in 2020, ~ 19.1 million deaths were caused due to cardiovascular disease (CVD). The age-adjusted death rate per 100,000 population was 239.8. Further, the age-adjusted prevalence rate was 7,354.1 per 100,000. Thus, the rising CVD patient population is increasing the number of angiography or angioplasty procedures. These procedures require high-pressure stopcocks; as a result, the demand for advanced medical stopcocks is increasing. Thus, the surge in surgical procedures is driving the North America advanced medical stopcock market growth.
North America Advanced Medical Stopcock Market Overview
The North America advanced medical stopcock market is segmented into the US, Canada, and Mexico. The US held the largest market share in 2021. In North America, the rising demand for IV therapy and infusion therapy aided by economic prosperity has boosted the production of advanced medical stopcocks.
North America Advanced Medical Stopcock Market Revenue and Forecast to 2028 (US$ Million)
North America Advanced Medical Stopcock Market Segmentation
The North America advanced medical stopcock market is segmented on the basis of type, end user, and country. Based on type, the market is segmented into low-pressure stopcock, medium-pressure stopcock, and high-pressure stopcock. The low-pressure stopcock segment held the largest market share in 2022.
Based on end user, the North America advanced medical stopcock market is segmented into hospitals & clinics, ambulatory surgical centers, and homecare. The hospitals & clinics segment held the largest market share in 2022.
Based on country, the North America advanced medical stopcock market is segmented into the US, Canada, and Mexico. The US dominated the North America advanced medical stopcock market share in 2022.
B. Braun SE, Smiths Medical Inc, Nipro Corp, Elcam Medical Group Co., Merit Medical Systems Inc., CODAN US CORP, Nordson Corp, Cook Medical LLC, and Utah Medical Products Inc. are among the leading companies operating in the North America advanced medical stopcock market.
1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 North America Advanced Medical Stopcock Market – By Type
1.3.2 North America Advanced Medical Stopcock Market – By End User
1.3.3 North America Advanced Medical Stopcock Market – By Country
2. Advanced Medical Stopcock Market – Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. North America Advanced Medical Stopcock Market – Market Landscape
4.1 Overview
4.2 PEST Analysis
4.2.1 North America PEST Analysis
4.3 Experts Opinion
5. North America Advanced Medical Stopcock Market– Key Market Dynamics
5.1 Market Drivers
5.1.1 Growing Incidence of Chronic Diseases and Increasing Geriatric Population
5.1.2 Surge in Number of Surgical Procedures
5.2 Market Restraints
5.2.1 Safety Concerns Regarding Stopcocks
5.3 Market Opportunities
5.3.1 Growing Medical Device Industry
5.4 Future Trends
5.4.1 IV Therapy
5.5 Impact Analysis
6. Advanced Medical Stopcock Market– North America Analysis
6.1 North America Advanced Medical Stopcock Market Revenue Forecast and Analysis
7. North America Advanced Medical Stopcock Market – Revenue and Forecast to 2028 – by Type
7.1 Overview
7.2 Advanced Medical Stopcock Market Revenue Share, by Type 2021 & 2028 (%)
7.3 Low-Pressure Stopcock
7.3.1 Overview
7.3.2 Low-Pressure Stopcock: Advanced Medical Stopcock Market – Revenue and Forecast to 2028 (US$ Million)
7.4 Medium-Pressure Stopcock
7.4.1 Overview
7.4.2 Medium-Pressure Stopcock: Advanced Medical Stopcock Market – Revenue and Forecast to 2028 (US$ Million)
7.5 High-Pressure Stopcock
7.5.1 Overview
7.5.2 High-Pressure Stopcock: Advanced Medical Stopcock Market – Revenue and Forecast to 2028 (US$ Million)
8. North America Advanced Medical Stopcock Market Analysis and Forecast to 2028 – by End User
8.1 Overview
8.2 Advanced Medical Stopcock Market, by End User 2021 & 2028 (%)
8.3 Hospitals & Clinics
8.3.1 Overview
8.3.2 Hospitals & Clinics: Advanced Medical Stopcock Market – Revenue and Forecast to 2028 (US$ Million)
8.4 Ambulatory Surgical Centers
8.4.1 Overview
8.4.2 Ambulatory Surgical Centers: Advanced Medical Stopcock Market – Revenue and Forecast to 2028 (US$ Million)
8.5 Homecare
8.5.1 Overview
8.5.2 Homecare: Advanced Medical Stopcock Market – Revenue and Forecast to 2028 (US$ Million)
9. North America Advanced Medical Stopcock Market – Revenue and Forecast to 2028 – by Country Analysis
9.1 North America: Advanced Medical Stopcock Market
9.1.1 Overview
9.1.1.1 US: Advanced Medical Stopcock Market – Revenue and Forecast to 2028 (US$ Million)
9.1.1.1.1 Overview
9.1.1.1.2 US: Advanced Medical Stopcock Market – Revenue and Forecast to 2028 (US$ Million)
9.1.1.1.3 US: Advanced Medical Stopcock Market, by Type, 2019–2028 (US$ Million)
9.1.1.1.4 US: Advanced Medical Stopcock Market, by End User, 2019–2028 (US$ Million)
9.1.1.2 Canada: Advanced Medical Stopcock Market – Revenue and Forecast to 2028 (US$ Million)
9.1.1.2.1 Overview
9.1.1.2.2 Canada: Advanced Medical Stopcock Market – Revenue and Forecast to 2028 (US$ Million)
9.1.1.2.3 Canada: Advanced Medical Stopcock Market, by Type, 2019–2028 (US$ Million)
9.1.1.2.4 Canada: Advanced Medical Stopcock Market, by End User, 2019–2028 (US$ Million)
9.1.1.3 Mexico: Advanced Medical Stopcock Market – Revenue and Forecast to 2028 (US$ Million)
9.1.1.3.1 Overview
9.1.1.3.2 Mexico: Advanced Medical Stopcock Market – Revenue and Forecast to 2028 (US$ Million)
9.1.1.3.3 Mexico: Advanced Medical Stopcock Market, by Type, 2019–2028 (US$ Million)
9.1.1.3.4 Mexico: Advanced Medical Stopcock Market, by End User, 2019–2028 (US$ Million)
10. Advanced Medical Stopcock Market–Industry Landscape
10.1 Overview
10.2 Growth Strategies in the Advanced Medical Stopcock Market
10.3 Inorganic Growth Strategies
10.3.1 Overview
10.4 Organic Growth Strategies
10.4.1 Overview
11. Company Profiles
11.1 B. Braun SE
11.1.1 Key Facts
11.1.2 Business Description
11.1.3 Products and Services
11.1.4 Financial Overview
11.1.5 SWOT Analysis
11.1.6 Key Developments
11.2 Smiths Medical Inc
11.2.1 Key Facts
11.2.2 Business Description
11.2.3 Products and Services
11.2.4 Financial Overview
11.2.5 SWOT Analysis
11.2.6 Key Developments
11.3 Nipro Corp
11.3.1 Key Facts
11.3.2 Business Description
11.3.3 Products and Services
11.3.4 Financial Overview
11.3.5 SWOT Analysis
11.3.6 Key Developments
11.4 Elcam Medical Group Co
11.4.1 Key Facts
11.4.2 Business Description
11.4.3 Products and Services
11.4.4 Financial Overview
11.4.5 SWOT Analysis
11.4.6 Key Developments
11.5 Merit Medical Systems Inc
11.5.1 Key Facts
11.5.2 Business Description
11.5.3 Products and Services
11.5.4 Financial Overview
11.5.5 SWOT Analysis
11.5.6 Key Developments
11.6 CODAN US Corp
11.6.1 Key Facts
11.6.2 Business Description
11.6.3 Products and Services
11.6.4 Financial Overview
11.6.5 SWOT Analysis
11.6.6 Key Developments
11.7 Nordson Corp
11.7.1 Key Facts
11.7.2 Business Description
11.7.3 Products and Services
11.7.4 Financial Overview
11.7.5 SWOT Analysis
11.7.6 Key Developments
11.8 Cook Medical LLC
11.8.1 Key Facts
11.8.2 Business Description
11.8.3 Products and Services
11.8.4 Financial Overview
11.8.5 SWOT Analysis
11.8.6 Key Developments
11.9 Utah Medical Products Inc
11.9.1 Key Facts
11.9.2 Business Description
11.9.3 Products and Services
11.9.4 Financial Overview
11.9.5 SWOT Analysis
11.9.6 Key Developments
12. Appendix
12.1 About The Insight Partners
12.2 Glossary of Terms
LIST OF TABLES
Table 1. US Advanced Medical Stopcock Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 2. US Advanced Medical Stopcock Market, by End User – Revenue and Forecast to 2028 (US$ Million)
Table 3. Canada Advanced Medical Stopcock Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 4. Canada Advanced Medical Stopcock Market, by End User – Revenue and Forecast to 2028 (US$ Million)
Table 5. Mexico Advanced Medical Stopcock Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 6. Mexico Advanced Medical Stopcock Market, by End User – Revenue and Forecast to 2028 (US$ Million)
Table 7. Recent Inorganic Growth Strategies in the Advanced Medical Stopcock Market
Table 8. Recent Organic Growth Strategies in the Advanced Medical Stopcock Market
Table 9. Glossary of Terms
LIST OF FIGURES
Figure 1. North America Advanced Medical Stopcock Market Segmentation
Figure 2. North America Advanced Medical Stopcock Market – By Country
Figure 3. North America Advanced Medical Stopcock Market Overview
Figure 4. Low-Pressure Stopcocks Segment Held Largest Share by Type of Advanced Medical Stopcock Market
Figure 5. US to Show Significant Growth During Forecast Period
Figure 6. North America: PEST Analysis
Figure 7. Experts Opinion
Figure 8. North America Advanced Medical Stopcock Market: Impact Analysis of Drivers and Restraints
Figure 9. North America Advanced Medical Stopcock Market– Revenue Forecast and Analysis – 2020 - 2028
Figure 10. North America Advanced Medical Stopcock Market Revenue Share, by Type 2021 & 2028 (%)
Figure 11. Low-Pressure Stopcock: North America Advanced Medical Stopcock Market – Revenue and Forecast to 2028 (US$ Million)
Figure 12. Medium-Pressure Stopcock: North America Advanced Medical Stopcock Market – Revenue and Forecast to 2028 (US$ Million)
Figure 13. High-Pressure Stopcock: North America Advanced Medical Stopcock Market – Revenue and Forecast to 2028 (US$ Million)
Figure 14. North America Advanced Medical Stopcock Market, by End User 2021 & 2028 (%)
Figure 15. Hospitals & Clinics: North America Advanced Medical Stopcock Market – Revenue and Forecast to 2028 (US$ Million)
Figure 16. Ambulatory Surgical Centers: North America Advanced Medical Stopcock Market – Revenue and Forecast to 2028 (US$ Million)
Figure 17. Home care: North America Advanced Medical Stopcock Market – Revenue and Forecast to 2028 (US$ Million)
Figure 18. North America: Advanced Medical Stopcock Market, by Key Country – Revenue (2021) (US$ Million)
Figure 19. North America: Advanced Medical Stopcock Market, by Country, 2021 & 2028 (%)
Figure 20. US: Advanced Medical Stopcock Market – Revenue and Forecast to 2028 (US$ Million)
Figure 21. Canada: Advanced Medical Stopcock Market – Revenue and Forecast to 2028 (US$ Million)
Figure 22. Mexico: Advanced Medical Stopcock Market – Revenue and Forecast to 2028 (US$ Million)
Figure 23. Growth Strategies in the Advanced Medical Stopcock Market
- B. Braun SE
- Smiths Medical Inc
- Nipro Corp
- Elcam Medical Group Co.
- Merit Medical Systems Inc.
- CODAN US CORP
- Nordson Corp
- Cook Medical LLC
- Utah Medical Products Inc
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